Areas Served: City of Peoria The CSBG program provides long-term, fixed-rate financing to new or expanding Peoria, Illinois companies in exchange for job creation and employment of low-income individuals. It links federal, state and private financing by using CSBG funds at a low interest ate in combination with bank funds and equity. Loan proceeds may
Read MoreAreas Served: Quincy – 12th Street and the riverfront east to west and State to Broadway Streets north to south The revolving loan fund was established to increase the availability of financing to industry, to encourage economic development and to create new jobs for Adams county, Illinois residents. Activities eligible for the use of fund
Read MoreAreas Served: Macon County The Community Services Block Grant LOAN Program provides low interest loans to small businesses in Macon County, Illinois, either in conjunction with conventional loans or independently. Businesses receiving the loans must guarantee to employ one low-income person for every $20,000 dollars borrowed. Contact InformationDecatur-Macon County Opportunities CorporationAddress: 1122 E. MariettaCity: DecaturState:
Read MoreAreas Served: City of Centralia THE CITY OF CENTRALIA ECONOMIC DEVELOPMENT REVOLVING LOAN FUND (RLF) is established as a requirement of the Illinois Department of Commerce and Community Affairs (DCCA) in approving prior or new loans submitted to DCCA. The RLF can be structured in a manner the City deems necessary to meet the goals
Read MoreAreas Served: City of Blue Island The City of Blue Island has entered an economic resurgence stimulated by the planned leverage of its transportation and natural resources; significant residential development; the restoration of environmentally contaminated properties to new commercial and industrial uses; and tax incentives for revitalization of the City’s traditional main street’ shopping district.
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